Thursday, July 23, 2009

 

Annuity fee income hit high for bank holding companies in first quarter

Bank holding companies reaped a record $734.5 million in annuity fee income during the first quarter, according to data from Michael White Associates... the income that banks earned from annuity sales climbed 12.4% from $653.3 million a year earlier...

Investment News: Annuity fee income hit high for bank holding companies in first quarter

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